Latest Tonogold Res Inc (TNGL) Headlines Tonogold
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Tonogold Resources Secures Option to Acquire 51% of Mil-ler Resources and Energy SA
GlobeNewswire - Wed Feb 19, 10:42PM CST
Tonogold Resources, Inc. (OTC:TNGL) wishes to provide the market with an update with regard to the agreement that was reached with Mil-ler Resources and Energy SA ("Mil-ler"), a private Mexican company and owner of the Nevmex Iron Ore project in Mexico, details of which were announced late last year. The principal terms of the agreement provided Tonogold with the exclusive right to subscribe for 51,515 new shares in Mil-ler (increasing Mil-ler's issued capital to 151,515 shares) representing a 34% equity interest in Mil-ler by investing $10 million in two tranches of $5 million each.
Tonogold Resources, Inc. Engages RM Corporate Finance for $6 Million Capital Raise
GlobeNewswire - Wed Nov 06, 10:39AM CST
Tonogold Resources Inc. (the "Company") (OTC:TNGL) is pleased to update shareholders with regard to the proposed capital raising as contemplated in our announcement to the market on October 18, 2013. The Company has today entered into agreement with RM Corporate Finance Pty Ltd ("RM Corporate Finance") (a West Australian based corporate advisory firm), to lead and manage, on a "best endeavors" basis, the placement of 120,000,000 new shares in Tonogold at 5 cents per share to raise $6 million (before costs) primarily to fund the initial investment of $5 million in Mil-Ler Resources and Energy SA ("Mil-Ler"). Tonogold will, as a result of this initial investment, have a 17% equity interest in Mil-Ler with an option to increase its interest to 34% by investing a further $5 million within 6 months from the initial investment.
Tonogold Resources, Inc. Secures Option on Producing Iron Ore Mining Entity in Mexico
GlobeNewswire - Fri Oct 18, 4:51PM CDT
Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that it has today entered into an exclusive option agreement with Mil-Ler Resources and Energy SA ("MIL-LER") a private Mexican mining and exploration company to acquire up to 34% equity interest in MIL-LER in two tranches of $5 million each for a total investment of up to $10 million.
Tonogold Resources, Inc. Announces Annual Shareholder Meeting
GlobeNewswire - Fri Aug 23, 8:15AM CDT
Tonogold Resources, Inc. (PINK OTC:TNGL) announces the annual shareholder meeting will be held Friday, October 18, 2013 from 11:00 am to 1:00 pm at the Museum of Contemporary Art San Diego, Coast Room, located at 700 Prospect Street, La Jolla, California 92037.
Tonogold Resources, Inc. Confirms Appointment of New CEO
GlobeNewswire - Thu Jun 06, 12:01PM CDT
Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that the formal appointment of Mark Ashley as CEO of the company, as contemplated in our announcement of April 3, 2013 has today been confirmed. This follows the completion of a capital raising which has generated $706,500 from the issue of 78.5 million new shares to a number of strategic sophisticated and accredited shareholders in Australia and the US.
Tonogold Resources, Inc. Announces Agreement With Pareto Capital
GlobeNewswire - Thu May 02, 10:19AM CDT
Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that it has signed an agreement with Pareto Capital Pty Ltd. ("Pareto"), a West Australian based boutique venture capital and investment firm specializing in raising capital for the micro-cap and junior mining sector.
Tonogold Resources, Inc. Announces Agreement With Mining Executive Mark Ashley
GlobeNewswire - Wed Apr 03, 8:00AM CDT
Tonogold Resources, Inc. (OTC:TNGL) is pleased to announce that it has entered into an agreement with well-respected and highly successful mining executive, Mark Ashley. Under the terms of the Agreement, Mr. Ashley has agreed to assume the role of CEO of the Company following the completion of a capital raising.